BASF Group Q1 2019 (XLS:) Download Q1 2019 2018 +/– a Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and reversals of impairments) b Additions to intangible assets and property, plant and equipment Sales Million € 16,177 15,700 3% Income from operations before depreciation, amortization and special items Million € 2,663 3,013 (12%) Income from operations before depreciation and amortization (EBITDA) Million € 2,789 2,995 (7%) Depreciation and amortizationa Million € 1,031 732 41% Income from operations (EBIT) Million € 1,758 2,263 (22%) Special items Million € 26 (18) . EBIT before special items Million € 1,732 2,281 (24%) Financial result Million € (196) (181) (8%) Income before income taxes Million € 1,562 2,082 (25%) Income after taxes from continuing operations Million € 1,166 1,581 (26%) Income after taxes from discontinued operations Million € 274 177 55% Net income Million € 1,406 1,679 (16%) Earnings per share € 1.53 1.83 (16%) Adjusted earnings per share € 1.65 1.93 (15%) Research and development expenses Million € 511 424 21% Personnel expenses Million € 2,903 2,616 11% Number of employees (March 31) 121,194 115,770 5% Assets (March 31) Million € 92,040 80,453 14% Investments including acquisitionsb Million € 715 666 7% Equity ratio (March 31) % 41.1 45.2 . Net debt (March 31) Million € 19,431 10,482 85% Cash flows from operating activities Million € 373 1,231 (70%) Free cash flow Million € (368) 604 . next